RWOD Redwoods Acquisition Corp. - 8-K

Item
7.01 Regulation FD Disclosure.

On March 23, 2026,
Greenland Mines, Ltd (the “ Company ”) issued a press release regarding the six month extension granted to
the Company by The Nasdaq Stock Market LLC to regain compliance with the Bid Price Rule, as further discussed below. A copy of the
press release is attached hereto as Exhibit 99.1.

The information contained in this Item 7.01 and
Exhibit 99.1, attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended and shall not be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the
Securities Exchange Act of 1934, as amended or the Securities Act of 1933, as amended whether made before or after the date hereof and
irrespective of any general incorporation language in any filings.

This Form 8-K contains forward-looking statements.
These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,”
“estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions. Without limiting the generality of the foregoing, the forward-looking statements in this press release include
descriptions of the Company’s future commercial operations. Forward-looking statements are predictions, projections and other statements
about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many
factors could cause actual future events to differ materially from the forward-looking statements in this press release, such as the Company’s
inability to implement its business plans, identify and realize additional opportunities, or meet or exceed its financial projections
and changes in the regulatory or competitive environment in which the Company operates. You should carefully consider the foregoing factors
and the other risks and uncertainties described in the documents filed or to be filed by the Company with the U.S. Securities and Exchange
Commission (the “SEC”) from time to time, which could cause actual events and results to differ materially from those contained
in the forward-looking statements. Copies of these documents are available on the SEC’s website, www.sec.gov. All information provided
herein is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except
as required under applicable law.

Item 8.01 — Other Events

On March 19, 2026, the Company received written notification (the “Notice”)
from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has been granted an additional six month extension until September
14, 2026 to regain compliance with the Bid Price Rule (as defined below), subject to additional conditions outlined in the Notice. If
the Company fails to timely regain compliance with the Bid Price Rule for 10 consecutive business days by September 14, 2026, the Company’s
common stock will be subject to delisting from Nasdaq.

As previously announced, on September 19, 2025, the Company had been
notified that the Company’s common stock no longer met the minimum $1 bid price per share requirement set forth in Nasdaq Listing
Rule 5450(a)(1) (the “Bid Price Rule”) and was granted an initial extension of 180 days until March 18. 2026 to regain compliance
with the Bid Price Rule.

Item
9.01 Financial Statements and Exhibits.

Exhibits

Description

99.1

Press Release

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

1